SUBSCRIBE
  • Home
  • About Us
    • Contact
No Result
View All Result
Discern Report
Discern Report
  • Home
  • About Us
    • Contact
No Result
View All Result
Discern Report
No Result
View All Result
Home Type Curated

Central Banks Continue Adding Gold to Their Net Holdings as Fears Rise of a Global Currency Collapse

Some have been point to global currency collapse for decades. I've personally never blown that horn until very recently. Why? Because I finally believe that collapse may be around the corner.

by JD Heyes
October 9, 2022
in Curated, Opinions
Gold

The ONLY faith-driven, patriotic news curator that opposes the left AND the “woke right.”

Editor’s Commentary: There are two very different stances we should take when it comes to the globalist elites and their proxies, including the central banks. Whatever they tell us to do, we should do the opposite. On the other hand, whatever we see them doing, we should investigate and consider doing the same. They will tell us to eat bugs while they eat steaks, for example. I will not eat bugs. I will definitely eat steaks as long as they’re not overcooked or smothered in sauce.

It’s no secret to my long-time readers that for a little over a year, I have been very bullish about physical precious metals. Those who have money tied up in investments, whether via wealth or retirement, should take a long look at moving some or even all of it to precious metals. I’m not saying that as a “financial advisor” because I am not one. I am, however, someone who keeps my finger on the pulse of what the globalist elite cabal has in store for us and everything is pointing to economic control that will make it advantageous for us to have precious metals.

Buy physical precious metals before the next gold and silver surge. Don’t buy numismatics! Buy pure bullion instead. Whether with cash or retirement funds, learn how we can help you prepare for financial turbulence ahead.

It’s also no secret that I’m not a fan of the vast majority of precious metals companies out there. This is one of the reasons I avoided taking on a precious metals sponsors for years. It wasn’t until last year when I realized a downturn or even collapse was likely that I started vetting out various companies. What I found was shocking. Nearly all of them are owned or operated by people who either contribute to Democrats, have ties with proxies of the Chinese Communist Party, or both. I have only found two companies that do not and I have both listed on my sponsor page.

The article below by JD Heyes from Natural News does not have anything to do with my sponsors. In fact, there are others mentioned in the article. Americans are free to choose whoever they want and I do not play “dirty” by talking poorly against other precious metals firms. I just know what I know and the ones I recommend are operated by America First patriots. Here’s the story by JD Heyes…

Central banks continue adding gold to their net holdings as fears rise of a global currency collapse

Central banks around the world continue to signal a coming currency collapse as they add more gold to their existing holdings.

According to a report at SchiffGold, central banks added to their gold holdings for a fifth straight month as war, supply chain crises, and a looming energy shortage in Europe all weigh heavily on global currencies and the global economy.

“On net, central banks added 20 more tons of gold to their reserves. Three banks drove buying in August and there were no notable sellers,” the analysis said.

The report went on to note that central banks have added a staggering amount of gold this year alone, as international uncertainty about how or if economies would recover from long-term COVID shutdowns lingered.

“So far this year, central banks have added over 300 tons of gold to their holdings,” the report said, going on to identify the largest purchaser.

“Turkey was the biggest buyer in August and has added more gold than any other country in 2022 to date. With its 8.9-ton purchase in August, Turkey has increased its gold reserves by 84 tons year-to-date. Turkey now holds 478 tons of gold between its central bank and treasury holdings, the highest level since Q2 2020,” the report added.

“Uzbekistan added 8.7 tons to its reserves in August, roughly the same amount as the previous five months. This brings its y-t-d net purchases to over 19 tons despite having begun the year by selling almost 25 tons in the first quarter. Gold reserves account for just over 60% of Uzbek’s total reserves,” the analysis continued, going on to list other central banks that have recently increased their gold reserves by a large amount.

“After being the only notable seller in July, Kazakhstan bought 2 tons of gold in August. Total Kazakh gold reserves stand now just shy of 375 tons, down almost 28 tons since the start of the year. It is not uncommon for banks that buy from domestic production – such as Uzbekistan and Kazakhstan – to switch between buying and selling,” said the report, adding: “Mexico and Serbia both made small 0.1-ton purchases in August.”

As for the United States, all of the major banks see financial pain ahead — a lot of it, in fact.

“Investment bank research has turned markedly sour over the past few weeks. ‘More pain ahead’ is the general theme, laced with some very specific warnings about a coming financial crisis. This is not limited to a few banks – everyone is saying something like this: Bank of America, Barclays, Credit Suisse, Citi Bank, Deutsche Bank, Goldman Sachs, JP Morgan, Societe Generale, and others,” noted Mike Shelby, CEO of private intelligence firm Forward Observer, in a note to subscribers late last week.

Advisor Bullion Surge

“Morgan Stanley Global Asset analysts report that institutional and retail investors now own 23% of U.S. credit assets, which is up from just 10% in 2005. They note a large share of credit ownership has shifted from banks to investors due to higher yields, and cite an increased risk due to deteriorating credit conditions,” he added.

Other major U.S. banks have issued similar dire warnings.

Bank of America, for instance, is warning of a potential liquidity crisis in once-safe U.S. Treasuries.

“In our view, declining liquidity and resiliency of the Treasury market arguably poses one of the greatest threats to global financial stability today, potentially worse than the housing bubble of 2004-2007,” the bank’s analysts wrote last week.

Of particular concern is the $30 trillion Treasury seizing up because there are too few buyers, the analysis said.

Federal Reserve bankers in the U.S. are also bearish on the economy, including the chiefs of the Atlanta, Chicago, Minneapolis, and Boston Feds. And worse, to fix the issues, there is talk among the globalist elite to tank the U.S. dollar, thereby harming Americans.

Heaven's Harvest

“Several banks are talking about the potential for another Plaza Accords. That was a 1985 agreement among the finance ministers of major economies to depreciate the dollar against the Deutsche Mark, Franc, Pound, and Yen due to the dollar’s strength,” Forward Observer’s analysis said.

Why do Americans always have to suffer needlessly?

Sources include:

  • ForwardObserver.com
  • SchiffGold.com
  • NATURAL NEWS
Show Fastest Growing





Two Storms, One Harvest

Empty Shelves

Every food crisis in living memory has been a one-shock event. The 2008 price spike was a commodity bubble. The 2020 shortages were a logistics failure. The 2022 grain scare was a war on one exporter’s ports. Each time, the system bent, adjusted, and recovered, and each time the experts assured us afterward that global markets are simply too big and too diversified to fail.

What nobody in Washington seems eager to discuss is that 2026 is shaping up to be something the modern food system has never actually faced. Two independent shocks, one climatic and one geopolitical, are converging on the same harvest cycle at the same time. Not sequentially. Simultaneously.

Start with the weather. The Pacific Ocean is currently building toward what forecasters now openly call a record event. NOAA’s Climate Prediction Center puts the odds of at least a strong El Niño near 88 percent, with roughly two in three odds it reaches “very strong” status, the tier reserved for perhaps three or four events in the entire satellite era. Every major global model now projects a median peak in Super El Niño territory, and most of them project it exceeding the 2015-16 event, which until now held the modern record. Sea surface anomalies were already brushing the super threshold in mid-July, months before these events normally peak. The atmosphere has already shifted into El Niño mode, and the event is forecast to crest in late fall and early winter.

This is not about “climate change.” It’s about the standard cycles of weather, and the cycle we’re currently in is one that has likely devastated societies in the past. We’re better prepared as a society today, but not all Americans are equally prepared.

Serious households have started doing the quiet math on their own. Grocery bills tell part of the story, and the forecast maps tell the rest, which is why long-term food storage has moved from fringe hobby to mainstream line item in the family budget, with established suppliers like Heaven’s Harvest seeing demand from people who five years ago would have rolled their eyes at the idea. That instinct is not paranoia. It is pattern recognition, and the pattern is worth walking through carefully.

Editor’s Note: Heaven’s Harvest IS a sponsor, but the warnings of this article are real and would be written even if we didn’t have a survival food sponsor. With that said, those who take advantage of what they offer can use promo code “Patriot” for 15% off.

The Fertilizer Clock Is Already Running

While the Pacific warms, the second shock has been unfolding in the Strait of Hormuz. The conflict with Iran turned the world’s most important energy chokepoint into a contested waterway, and the consequences reach far beyond the gas pump. Roughly a third of global fertilizer trade moves through Hormuz, and the disruption sent urea prices up 86 percent year over year by March, with a 53 percent jump in a single month.

The World Bank projects energy prices rising about 24 percent in 2026 and fertilizer about 31 percent. By its own accounting, fertilizer prices ran 35 percent higher in the first five months of this year than the same period last year.

Here is the mechanism the nightly news will not explain. Fertilizer is not a grocery item. It is a time-delayed input. The nitrogen a farmer in Iowa or Punjab could not afford to apply this spring does not show up as a problem this spring. It shows up as a thinner harvest six to twelve months later.

The World Bank’s own food security brief concedes that the effects of reduced applications earlier this season “are likely to become visible only later in harvest outcomes.” Translate that from institutional language into plain English and it means this. The damage is already done, it is already in the ground, and we are simply waiting for it to arrive on the shelf.

Now check the calendar. Six to twelve months from the spring planting season lands us squarely in late 2026 and early 2027. Which is precisely when the strongest El Niño in the instrumental record is forecast to peak, bringing its signature droughts to Southeast Asia, Australia, southern Africa, northern Brazil, and South Asia, the very regions that grow the world’s rice, sugar, and oilseeds.

The World Bank warns openly that a strong El Niño “could disrupt multiple crop belts simultaneously” on top of the conflict-driven input costs. Their baseline projection assumes the Middle East disruptions ease by autumn. What in the last two years of Middle East history suggests that assumption is safe?

The System Has No Slack Left

The comfortable answer is that global markets always adjust. But adjustment requires slack, and the slack is gone. Global cereal production is expected to decline from last year’s records even before El Niño does its work. The UN World Food Programme, hardly a den of right-wing preppers, is calling this the most significant disruption to its supply chains since Covid and the invasion of Ukraine, and its supply chain director put the stakes bluntly.

Today’s supply chain challenges are tomorrow’s hunger crisis.

There is also a political dimension that markets cannot price. When food gets scarce, governments do not behave like economists. They behave like politicians. Export bans, hoarding mandates, and panic buying at the national level turned the modest rice shortfall of 2008 into a global crisis, and analysts are already warning that import-dependent nations are the first dominoes.

The 2015-16 Super El Niño, a far weaker event than what is now forecast, threw tens of millions into food stress across Africa and Asia. This one is projected to be stronger, and it arrives with fertilizer already rationed by price and shipping lanes already contested by missiles.

What Joseph Knew

Scripture does not treat preparation for lean years as faithlessness. It treats it as wisdom delivered in advance to those willing to act on it.

Behold, there come seven years of great plenty throughout all the land of Egypt: And there shall arise after them seven years of famine; and all the plenty shall be forgotten in the land of Egypt.

Joseph did not respond to that warning with a hashtag or a committee. He stored grain during the years of abundance, and when the famine came, Egypt stood while its neighbors begged. The lesson is not that famine is certain. It is that the time to prepare is precisely when preparation still looks optional.

Nobody who filled a pantry in a year of plenty has ever regretted it, and nobody standing in an empty aisle has ever been glad he waited for certainty.

None of this calls for panic, and panic is the enemy of sound judgment anyway. It calls for the same unglamorous prudence our grandparents considered ordinary. Keep some cash margin, know your local growers, and put real food in deep storage while it is cheap and available, because the entire arc of this story is that cheap and available is a closing window.

Families looking for a straightforward place to start can visit Heaven’s Harvest and use promo code Patriot for 15 percent off long-term storable food. The forecasts may yet soften, the strait may yet reopen, and we should pray they do. But hope is a fine thing to hold and a foolish thing to eat.

Tags: Central BanksCurrencyCurrency CollapseEconomic CollapseEconomyfinanceLedeNatural NewsTop Story
Next Post
Trump Warning

Donald Trump’s Ominous End Times Warning: “We Will End up in World War III and There Will Be Nothing Left of Our Planet”

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Us
  • America First Newsletter
  • Contact
  • Home
  • Integrating With Augusta Precious Metals
  • Newsletter
  • Privacy Policy
Site Operated By JD Rucker.

© 2023 America First Report.

No Result
View All Result
  • Home
  • Original
  • Curated
  • Aggregated
  • News
  • Opinions
  • Videos
  • Podcasts
  • About Us
  • Contact
  • Privacy Policy

© 2023 America First Report.